401(k) · DOL Form 5500 · 2023

Ballard Spahr LLP 401(k) Plan

Data updated 2026-08-11

$162M
Total assets
377
Participants
94th
Percentile by assets
$428,809
Avg per participant
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Official DOL plan name: Ballard Spahr LLP 401(k) Plan for Associates · Sponsored by Ballard Spahr LLP · Pennsylvania · Professional & Technical Services

$162M in assets, 377 participants

Ballard Spahr LLP's Ballard Spahr LLP 401(k) Plan for Associates reported $162M in total assets and 377 participants in its 2023 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 127,072 plans)
  • #19,318 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Ballard Spahr LLP 401(k) Plan for Associates covers 377 participants in Pennsylvania, about 46% of the average Pennsylvania filer (state average ~822 per filing). Assets: $162M.

$162M
total plan assets (2023 EOY)
377
covered participants
94th
percentile by assets (of 127,072 plans)
$428,809
avg assets per participant

Where Ballard Spahr LLP 401(k) Plan for Associates sits by total assets

Ballard Spahr LLP 401(k) Plan for Associates vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$161,660,820 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ballard Spahr LLP 401(k) Plan for Associates reported net income rose from $5M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Ballard Spahr LLP 401(k) Plan for Associates end-of-year assets rose from $137M in the plan year 2022 filing to $162M in the plan year 2023 filing.
  • Ballard Spahr LLP 401(k) Plan for Associates reported participants fell from 400 in the plan year 2022 filing to 377 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Ballard Spahr LLP 401(k) Plan for Associates reports 377 participants - about 46% of that state average ($162M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$162M
Net Income$12M
Employer EIN230382195
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ballard Spahr LLP)

$500M$600M$700M$800M$900M 202220232024 $555M $800M ▲ +44.0%
Total plan assets by year, all Ballard Spahr LLP plans on file
Year Plans Participants Total Assets
2022 2 1,253 $555M
2023 3 1,457 $640M
2024 3 1,374 $800M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ballard Spahr LLP 401(k) Plan for Associates vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Ballard Spahr LLP 401(k) Plan for Associates vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Ballard Spahr LLP 40…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Ballard Spahr LLP 401(k) Plan for Associates vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ballard Spahr LLP 401(k) Plan for Associates by total assets, not by location.

Frequently Asked Questions

How did Ballard Spahr LLP 401(k) Plan for Associates assets move in 2023?
Ballard Spahr LLP 401(k) Plan for Associates grew sharply - up 18.4% during 2023, from $137M to $162M. Reported net income was $12M.
How have Ballard Spahr LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Ballard Spahr LLP's sponsor-wide assets grew 44.0%, from $555M to $800M.
Where does Ballard Spahr LLP 401(k) Plan for Associates rank by assets among Form 5500 filers?
Ballard Spahr LLP 401(k) Plan for Associates ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ballard Spahr LLP 401(k) Plan for Associates?
Among 401(k) plans in other states, the closest by assets is Central Florida Investments, Inc. 401(k) Savings and Retirement Plan in FL ($162M, 5,499 participants).

Next read for Ballard Spahr LLP 401(k) Plan for Associ…

Filing takeaways

Ways to act on Ballard Spahr LLP 401(k) Plan for Associates's numbers.